The Russian owners of Hungarian airlines Malév will be offered a stake in a Hungarian gas storage facility in exchange for their shares, the Hungarian business daily Napi Gazdasag reported on Friday quoting unnamed sources.

Addressing a European Union summit in Brussels on Thursday, Hungarian Prime Minister Viktor Orban said it was favourable that Hungary and then Poland will be EU president in 2011, a year when a revival from the global crisis may start.

Hungary's population dropped below 10 million in August this year, the Central Statistical Office reported. Without the positive effects of migration, this would have occured earlier.

German household products maker Henkel is moving glue production from Poland and England to a EUR 14.7m plant it is building in northwestern Hungary. The plant will start operating by 2012. It will be staffed by 80 people.

On October 23rd, Hungary celebrated the 54th anniversary of the 1956 revolution against a Stalinist type dictatorship. Speeches were delivered by state leaders and those of the political parties, high state distinctions were handed over.

A café and tea house in downtown Budapest named 'Purple Fog' organizes literary auction, online mentoring and literary workshops with a special emphasis on self-actualization and professional improvement.

The Swedish Embassy in Budapest and the Swedish Trade Council held a conference in the Hungarian capital with the title "Stockholm / Budapest Green Capital" on what a city, businesses and individuals can for sustainable development, the environment.

The exhibition Hoventa 2010 opens with new elements and the whole spectrum of the hotel and restaurant sector. This year, Hungexpo offers visitors new attractions and new themes.

Romania supports a new Hungarian law that will allow easier acquisition of citizenship for ethnic Hungarians in neighboring countries. The law will allow over 2.5 million people to become Hungarian citizens without requiring them to live in Hungary.

The Hungarian foreign minister and the directors of two Budapest based universities signed the Deed of Foundation of the Budapest Center on the International Prevention of Genocide and Mass Atrocities in the Hungarian capital Monday.

The Fair Trade movement of marketing goods from underdeveloped countries and regions serves as a model for a web marketplace to be launched by the Hungarian Solidarity Club to support underprivileged people in Hungary.

Romania and Hungary want to jointly host the 2020 or 2024 UEFA European Football Championship. Talks at government level will start soon in both countries.

Experts at the United Nations Department of Safety and Security (UNDSS) analyze the recording of a telephone interview with a Hungarian peacekeeper kidnapped in the Sudan to make sure that the voice heard there is that of István Papp.

German carmaker Audi will invest up to EUR 900 million to extend its production site in Hungary, creating 1,800 new jobs, Audi Chairman of the Board of Management Rupert Stadler and Hungarian Prime Minister Viktor Orbán announced at a press conference recently.

The Governor of the National Bank of Hungary (MNB), András Simor has been named ‘Central Bank Governor of the Year for Emerging Europe 2010’ by the Euromoney publication ‘Emerging markets’. He received the award in Washington, D.C. this past week-end.